Lloyds Banking Group chief executive Antonio Horta-Osorio will call for banking reforms in a speech this evening.
In a speech to CBI Scotland, Mr Horta-Osório will say: "The industry must change. We must recast the banking model.”
More top news
Cooler temperatures are forecast after thunderstorms and heavy downpours hit parts of Britain after the hottest July day on record.
Only a third of police cases involving vulnerable children are handled to a good standard, inspectors have found.
An own goal by Laura Bassett gave Japan the win over England in the Woman's World Cup semi-final